This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.Need a new registration confirmation email? Click here

3 Stocks Spiking on Unusual Volume

AerCap(AER - Get Report) engages in leasing, financing, selling and managing commercial aircraft and engines in the U.S., Russia and Germany. This stock closed up 3.1% to $38.27 in Wednesday's trading session.

From a technical perspective, AER spiked notably higher here right above some near-term support at $34.38 with above-average volume. This spike is quickly pushing shares of AER within range of triggering a major breakout trade. That trade will hit if AER manages to take out Wednesday's high of $38.55 to its 52-week high at $39.10 with high volume.

Traders should now look for long-biased trades in AER as long as it's trending above some near-term support levels at $36 or at $34.38 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.15 million shares. If that breakout triggers soon, then AER will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $45 to $47.